ALKT Stock Summary and Trading Ideas (Alkami Technology | NASDAQ:ALKT)

Alkami Technology Inc is a cloud-based digital banking solutions provider. The company's solution, the Alkami Digital Banking Platform, allows FIs to onboard and engage new users, accelerate revenues and meaningfully improve operational efficiency, all with the support of a proprietary, true cloud-based, multi-tenant architecture.

Alkami Technology trades on the NASDAQ stock market under the symbol ALKT.

As of April 17, 2025, ALKT stock price declined to $24.75 with 766,052 million shares trading.

ALKT has a beta of 1.20, meaning it tends to be more sensitive to market movements. ALKT has a correlation of 0.27 to the broad based SPY ETF.

ALKT has a market cap of $2.55 billion. This is considered a Mid Cap stock.

Last quarter Alkami Technology reported $90 million in Revenue and $.11 earnings per share. This beat revenue expectation by $26,000 and exceeded earnings estimates by $.03.

In the last 3 years, ALKT traded as high as $42.29 and as low as $9.23.

The top ETF exchange traded funds that ALKT belongs to (by Net Assets): VTI, VB, IWM, VGT, VXF.

ALKT has underperformed the market in the last year with a return of +3.8%, while the SPY ETF gained +6.6%. In the last 3 month period, ALKT fell short of the market, returning -30.3%, while SPY returned -11.6%. However, in the most recent 2 weeks ALKT has outperformed the stock market by returning -1.7%, while SPY returned -1.9%.

ALKT support price is $23.92 and resistance is $25.90 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ALKT shares will trade within this expected range on the day.